See Home Value
$2,400,000*
Property - Off Market

1952 W 48th St

Los Angeles, CA 90062
bedrooms
Studio
bathrooms
0 Bath
square feet
6632 Sqft
$2,160,000 - $2,640,000
Reference Base Price*
0.00%
Since Dec 1, 2023
CA-Los Angeles
Primary Model

About This Property

STUNNING FOUR-PLEX IN "OPPORTUNITY ZONE" FULLY REMODELED AND DELIVERED VACANT; making $17,000 in gross mo. short term income; gorgeous complex w/4 garage; easily investment or owner-occupying property.  1952 W 48THStreet is a 3 story building consisting of two 2 bed/2 bath units  & two 3 bed/3 bath units.   First floor living: Unit # 1 and #2 are 2 Bedrooms  & 2 Bathrooms plus Living Room & Kitchen in 1,110 SF each.  Second floor living: Unit #3 and #4 are 3 bedrooms & 3 Bathrooms ,Living Room & Kitchen 2 story units with finished attic in 1,886 Square feet of living space w/views of the surrounding community; Open floor plan with lots of natural light, hardwood floors, contemporary solid surfaces in kitchens and baths, exterior decks and more. Separately metered gas and electricity, newer roof, painted and ready for move-in.  Updated plumbing, electrical, new electrical panels, windows, flooring, paint, and heating and cooling and laundry in each unit and more. Units are TOWNHOME-style w/2 interior floors. Basic floorplan for 3 bedroom residences:  main floor primary bedroom w/ensuite bath, lower level 2nd bedroom & bath, kitchen w/ample counterspace & newer appliances, dining room & bonus room; 2nd level has an open loft w/an enclosed 3rd bedroom, a living room/entertainment area, an additional seating area plus office space. Artfully design using 100 year old wood accent walls & kitchen bar tops made of recycled materials during renovation.  Keyless entry system; 14 camera system with a DVR system for recording.  The subject was built in 1916, garages added in 1929 and recently extensively remodeled and updated within the past 7 years to include new plumbing,electrical, windows, interior & exterior doors, kitchens, bathrooms, interior walls, HVAC, roof, interior & exterior painting, all required retrofitting & foundation stabilization, the attics on 2 units have been fully finished to code, thus increasing the size of the builidng & the size of the units.  Assessor's information has been updated to reflect the full building square footage with 10 bedrooms and 10 bathrooms.  The property will be delivered fully vacant and can be delivered fully furnished for a true turn-key investment.  Rents are based on approximately short term rental monthly rates.  Community amenities include: metro line, new soccer & football stadiums, easy access to public transportation and approximately a 10 min drive to the nearby train stations where there is a free park and ride facilitating visting many Los Angeles hot spots like Hollywood, Universal Studios, Downtown LA and Santa Monica Pier.  This property is perfect for an owner-user or investor looking to capitalize on the rental market in Los Angeles.

The manager has listed the unit size as 6632 square feet.
Unit Size
6,632Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$362
Property Type
Property
Property Taxes
-
HOA Dues
-
Year Built
1916

Price History

Date / Event Date Event Price
Nov 18, 2023 No longer available -
No longer available
Nov 17, 2023 In contract -
In contract
Nov 14, 2023 No longer available -
No longer available
Nov 9, 2023 Sold to Brandy Estelle, Jamel Ward $2,075,000
Sold to Brandy Estelle, Jamel Ward
Oct 9, 2023 In contract -
In contract
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Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1952 West 48th Street 1952 West 48th Street, Los Angeles, CA 90062
  • 1 Unit for Sale
More about this Building
1952 West 48th Street
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